INSIGHTS

Entrepreneur’s 9 Hot Startups of 2016 – Ranked by Growth Score

entrepreneur 9 startups

Entrepreneur.com published their list of hot startups to watch this year, so we decided to see how they rank. They note that this list of companies has each created a significant amount of buzz in their respective industries and seem to be on their way to the top. Kim Lachance Shamdrow of Entrepreneur.com says, “Against all odds, the best of the best have done just that. Cases in point: Airbnb, Uber, Facebook and Amazon. They emerged out of obscurity, shot to the top and shook up the world. Who’s next? Which up-and-comers will rise above the rest this year and make their mark? Of course, we can’t say for sure, but we can sure have fun taking educated guesses.” Let’s take the guessing out of this and use Mattermark’s Growth Score metric to rank these startups.

Entrepreneur’s 9 Startups To Watch This Year

1. DoorDash (Mattermark Growth Score: 2,561) – An on-demand delivery service that connects customers with local businesses. Entrepreneur’s Rank: #2

  • Series B with $55 million in funding, located in San Francisco, CA.

2. Medium (Mattermark Growth Score: 2,058) – A simple self-publishing and blogging platform, which enables users to easily write, edit, and collaborate. Entrepreneur’s Rank: #5

  • Series B with $82 million in funding, located in San Francisco, CA.

3. Luxe Valet (Mattermark Growth Score: 1,536) – A valet parking service which allows users to demand valets and have their cars parked in secured lots. Entrepreneur’s Rank: #4

  • Series A with $26 million in funding, located in San Francisco, CA.

4. Product Hunt (Mattermark Growth Score: 1,426) – A daily leaderboard of the best new products. Entrepreneur’s Rank: #1

  • Series A with $7 million in funding, located in San Francisco, CA.

5. Beepi (Mattermark Growth Score: 1,393) – An online peer-to-peer marketplace for buying and selling used cars, where transactions can be carried out entirely with a smart phone or a PC. Entrepreneur’s Rank: #7

  • Series B with $148 million in funding, located in Los Altos, CA.

6. ClassPass (Mattermark Growth Score: 1,204) – Allows consumers to create their own personal fitness routine choosing from thousands of classes (including cycling, Pilates, yoga, boot camp, strength training, dance, etc.) in their city. Entrepreneur’s Rank: #6

  • Series C with $84 million in funding, located in New York City, NY.

7. Shyp (Mattermark Growth Score: 1,084) – Allows users to snap a photo of the items they’d like to ship and request a pickup via an app. Entrepreneur’s Rank: #8

  • Series B with $60 million in funding, located in San Francisco, CA.

8. Acorns (Mattermark Growth Score: 756) – A mobile-first investment platform enables commission free investing, portfolio management with automatic rebalancing and dividend reinvestment, and real-time account monitoring. Entrepreneur’s Rank: #9

  • Series B with $31 million in funding, located in Newport Beach, CA.

9. Boxed (Mattermark Growth Score: 738) – A mobile commerce company focused on delivering the big box club experience to mobile devices. Entrepreneur’s Rank: #3

  • Series B with $33 million in funding, located in Edison, NJ.

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© Mattermark 2016. Sources: Mattermark Research, Crunchbase, AngelList.
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